The protest votes follow concerns raised by proxy adviser firms over shares granted to top executives under a retention and performance scheme.
Shareholders at Charter Hall have delivered a heavy strike at the annual meeting of Australia’s biggest property fund manager over concerns at how as much as $91 million in bonus shares were granted to its top executives.
Investors voted over 43 per cent against the annual remuneration report. A vote of 25 per cent or more is considered a strike.
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